Global egg phosphatidylcholine market is poised to reach USD 12.2
million by 2020.Key factors attributing to its rapid growth include the
presence of high chlorine essential nutrient content which helps patients to
recover from memory loss. Growing occurrence of neurological diseases including
amnesia and Alzheimer’s among aged population is expected to increase the
demand for egg phosphatidylcholine.
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Market: http://www.grandviewresearch.com/industry-analysis/egg-phosphatidylcholine-market
Demand for egg
phosphatidylcholine is expected to grow over the forecast period owing to
increasing awareness among consumers regarding consumption of food high with
nutritional value. Increasing awareness among youth to use quality cosmetic
products is expected to further propel growth.
In cosmetics, the compound is
used as a solubilizer, moisturizer and emulsifier for different ointments. It
helps in preventing cellular damage to the skin structure and provides
elasticity and smoothness. The segment is expected to grow at a CAGR of 5.0%
over the forecast period to reach a value exceeding USD 2.1 million by 2020.
Dietary supplements were valued
at USD 5.7 million in 2013 and is expected to grow at a CAGR of 5.6% during the
forecast period. Rising consumer awareness regarding general well-being by
consumption of essential nutrientsis expected to fuel growth.
Egg phosphatidylcholine demand
for pharmaceutical exceeded USD 1.2 million in 2013. They help in enhancing
solubility of active ingredients in pharmaceutical formulations. Increasing
government spending on the development of the healthcare sector across the
globe is expected to bolster growth.
Europe was the leading market accounting
for 34.0% of the global industry in 2013 owing to high consumer awareness
regarding the benefits of the ingredient. Rising demand for cosmetics in
countries including Germany, France, Italy and UK is expected to increase
demand over the forecast period.
Demand for the product in North
America is being driven due to the presence of numerous dietetic supplement
manufacturers in the region. The market is estimated to reach a value of USD
3.70 million by 2020.
Asia Pacific is expected to grow
at a CAGR of 10.2% over the forecast period. Increasing demand for egg
phosphatidylcholine in various end-use applications including cosmetics,
pharmaceuticals and dietary supplements coupled with the growth of these
end-use industries is expected to drive growth.
Prominent players in the industry
include NOF America Corporation, Jena Bioscience GmbH, Harmony Whole Foods
Market, Natural Factors, Kewpie Corporation, Nutrasal Inc., Avanti Polar Lipids
Inc. and Vitamin Research Products. The industry has a high degree of
consolidation owing to limited number of manufacturers. In addition, volatility
in raw material and product pricing will deter the entry of new players.
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Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global egg
phosphatidylcholine market on the basis of application and region:
Egg Phosphatidylcholine Applications Outlook (Revenue,
USD Million, 2012 - 2020)
• Cosmetics
• Pharmaceuticals
• Dietetic Supplements
• Pharmaceuticals
• Dietetic Supplements
Egg Phosphatidylcholine Regional Outlook (Revenue, USD
Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Europe
• Asia Pacific
• RoW
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-egg-phosphatidylcholine-market
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